Qatar has made an offer of nearly one billion British pounds ($2 billion) for Nasdaq’s 31% stake in the London Stock Exchange (LSE), joining Singapore in a bidding war for a share in the European bourse. Nasdaq last month said it might sell its stake in LSE to bolster its chances of buying Nordic exchange operator OMX. (Getty Images)
A copy of Wednesday’s edition of Saudi Arabian Al-Hayat daily newspaper purchased in Dubai. The kingdom’s ban on the distribution of the influential pan-Arab daily has been lifted since Friday with several conflicting reasons given as to why the newspaper was banned.
Canada's state-backed pension fund said today it will seek up to 49% of New Zealand's Auckland International Airport as a rival Dubai-based deal from Dubai Aerospace Enterprise looks set to fail.
A view of Kuwait City and the Liberation tower. The ruler of Kuwait said this week that income tax is inevitable and the high cost of public services will eventually be met by a tax on personal income as the state could not continue to provide free services indefinitely. (Getty Images)
The number of illegal workers in Dubai who came forward with applications during the amnesty period from June 2 to August 31 has exceeded 180,000, according to the Dubai Naturalization and Residency Administration. Many of the illegal workers that have come forward work in the construction industry.
The location for the sixth crossing on Dubai Creek has been revealed - it is expected to run from Culture Village, through Sama Dubai\'s ‘The Lagoons\' and onto the other side of the Creek. Dubai Creek currently has five points at which to cross, made up of four bridges and one tunnel. (Getty Images)
Kuwait’s Aviation Lease and Finance Co. (Alafco) said yesterday it would lease out 19 aircraft initially intended for the state-owned Kuwait Airways (pictured) after the airline cancelled a $3 billion deal to buy 12 Boeing 787 Dreamliners and seven single-aisle Airbus A320s following parliament’s refusal to approve the funding.